J&J Promotes Preventive Care, Wellness In US Health Debate

OTC makers' stakes include loosening rules on paying for consumer products with pre-tax savings and encouragement of self-care to maintain wellness.

On the heels of his meeting with President Trump, Johnson & Johnson CEO Alex Gorsky utilized the company’s year-end earnings call to lay out the firm’s legislative and business advocacy priorities, which include supporting policies toward preventive care and wellness, topics of particular interest to the consumer products segment.

The discussion occurred just two days prior to the firm's announcement of its bid to acquire Switzerland-based rare disease company Actelion Ltd., for $30bn, a move that does not involve J&J's consumer unit that includes OTC pain relievers under the Tylenol and Motrin brands, allergy medicines Benadryl and Zyrtec, and mouthwash Listerine

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